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Year: 2022

Work taking place to transform former Lichfield department store into new cinema

Lichfield Live

Work taking place to transform former Lichfield department store into new cinema Work has begun to transform a shop unit in Lichfield city centre into a new cinema. The one-time Debenhams outlet is being renovated as part of a deal between the owner of the Three Spires Shopping Centre and Lichfield District Council. It will see the site redeveloped as a new boutique cinema alongside new food and beverage outlets. Cllr Doug Pullen, leader of Lichfield District Council, visited the site to check on progress at the unit last week.…

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UK Box Office December 16th-18th: Avatar 2 #1 but for how long? Will it have the legs of the first film?

Paul Ferrer Blog

Took £3.5m (31.3%) Friday (4th biggest Friday in 2022); £4.2m Saturday and £3.8m Sunday 3D took 45.3% (£5,060,733) from 557 cinemas (£9,085 average); IMAX/3D 12% (£1,346,849) from 54 screens (£25k average) and 2D took 42.7% (£4,773,500) £5,584 average. 7th biggest opening of 2022 between Jurassic World Dominion and Minions: The Rise of Gru and 9th biggest opening since cinemas reopened after lockdowns 82nd biggest opening between The Dark Knight and Despicable Me 3 (close to The Hobbit: An Unexpected Journey, Star Wars: Attack of the Clones, LOTR: The Fellowship of the Ring and I am…

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AMC abandons talks to acquire bankrupt Cineworld’s theaters

Reuters

Dec 21 (Reuters) – Cinema chain AMC Entertainment Holdings (AMC.N) said on Wednesday it was no longer in talks to acquire some theaters owned by now bankrupt Cineworld Group (CINE.L) following initial discussions with some lenders. AMC said the earlier talks were focused on the acquisition of certain theater assets of Cineworld in the United States and Europe, which would be financed partly through issuance of its preferred stock and debt financing provided by the lenders. AMC in August announced its preferred share APE as a special dividend for shareholders…

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